815 N Nevada Ave
Colorado SpringsCO80903
Cheap Homes for Rent in Downtown Neighborhood of Colorado Springs, CO from $600 (18 Rentals)
Search the lowest-cost Homes available for rent right now in the Downtown area of Colorado Springs.
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$800Studio Apartments Available Now
942 E Las Animas St, Unit Cabin
942 E Las Animas StColorado Springs, CO 80903
1411 S Corona Ave
Colorado SpringsCO80905
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$8291 Bedroom Apartments Available Now
325 May Dr
325 May DrColorado Springs, CO 80905
427-431 E Bijou St
Colorado SpringsCO80903
411 1/2 N Spruce St
Colorado SpringsCO80905
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.
542 W Boulder St
Colorado SpringsCO80905
430 W Pikes Peak Ave
Colorado SpringsCO80905
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$1,2251 Bedroom Apartments Available Jul 3
423 N Wahsatch Ave, Unit 4
423 N Wahsatch AveColorado Springs, CO 80903
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$1,2451 Bedroom Apartments Available Now
319-321 E Brookside St, Unit 31
319-321 E Brookside StColorado Springs, CO 80905
17 N Meade Ave
Colorado SpringsCO80909
930.5 N Institute St
Colorado SpringsCO80903
Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.
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$1,2501 Bedroom Apartments Available Aug 5
26 W Rio Grande St
26 W Rio Grande StColorado Springs, CO 80903
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$1,3133 Bedroom Apartments Available Now
903 Boggs Pl, Unit A
903 Boggs PlColorado Springs, CO 80910
903 Boggs Pl
Colorado SpringsCO80910
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$1,3501 Bedroom Apartments Available Aug 19
814 E Cimarron St, Unit 1
814 E Cimarron StColorado Springs, CO 80903
943 E Las Animas St, Unit 1973-03
943 E Las Animas St
Colorado SpringsCO80903
523 E Kiowa St
Colorado SpringsCO80903
Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.
Showing Results 1-18, Page 1 of 1
Downtown, Colorado Springs, CO Local Guide
How much does it cost to rent a home in Downtown?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Downtown 2 Bedroom Homes for Rent | $1,704 | $825 | $2,600 |
| Downtown 3 Bedroom Homes for Rent | $2,266 | $1,313 | $2,999 |
| Downtown 4 Bedroom Homes for Rent | $2,580 | $2,400 | $2,900 |
| Downtown 5 Bedroom Homes for Rent | $2,860 | $2,860 | $2,860 |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Browse Homes for Rent in this Neighborhood
There are currently 18 rentals with your search options within a 2 mile radius of the Downtown Neighborhood of Colorado Springs, CO.
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Cheapest Available Downtown Apartments for Rent
The cheapest available apartment rental in the Downtown area of Colorado Springs, CO is a Studio unit found at Park Bonfoy priced from $799. Rosewood Apartments has the second lowest priced unit, which is a 2 Beds apartment currently listed from $849. Here are the most affordable Downtown apartments for rent in Colorado Springs, CO:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Park Bonfoy | S1 | Studio,1BA | $799 |
| Rosewood Apartments | 2 Beds, 1 Baths | 2BR,1BA | $849 |
| BG - SUMMIT VIEW APARTMENTS | 1BR/1.0BA | 1BR,1BA | $850 |
| Jasmine Springs | 2 Bedroom, 1 Bath | 2BR,1BA | $850 |
| Sienna Place | 1X1 | 1BR,1BA | $853 |
Best Value Apartments for Rent in Downtown, CO
As of June 12, 2026 the best value apartment in the Downtown area is the $1.47 price per square foot 2x2 60% Model at Shooks Run in the in the Downtown neighborhood starting from $1,467. The second greatest value Downtown apartment is the 2 Beds, 1 Baths Model at Union Blvd Apartments starting at $929 with a $1.03 price per square foot in the Memorial Park neighborhood. Here is today’s list of the best values for Downtown apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Shooks Run | 2x2 60% | 2BR,2BA | $1.47 |
| Union Blvd Apartments | 2 Beds, 1 Baths | 2BR,1BA | $1.03 |
| Rosewood Apartments | 2 Beds, 1 Baths | 2BR,1BA | $0.94 |
| Wyndam Place Senior Residence | WCS2 2x1 50% | 2BR,1BA | $1.43 |
| Jasmine Springs | 2 Bedroom, 1 Bath | 2BR,1BA | $1.08 |
| Sienna Place | 2X1 | 2BR,1BA | $1.38 |
| Weidenhaft Mitchell Apartments | 1 Beds, 1 Baths | 1BR,1BA | $1.71 |
| Prospect Park | 1x1 | 1BR,1BA | $1.58 |
| The Village at Homewood Point | 1x1 50% | 1BR,1BA | $1.73 |
| BG - SUMMIT VIEW APARTMENTS | 1BR/1.0BA | 1BR,1BA | $1.70 |
Frequently Asked Questions about Downtown
What type of rentals are currently available in Downtown?
There are currently 241 Apartments for Rent in Downtown, CO with pricing that ranges from $800 to $4,345. There are also 62 Single Family Homes for rent, Condos, and Townhome rentals currently available in Downtown ranging from $695 to $2,999.
What is the current price range for Rental Homes in Downtown?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Downtown ranges from $695 to $2,999 with an average monthly rent of $2,190.
How much are larger Three and Four Bedroom Rentals in Downtown?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Downtown range from $1,313 to $4,345, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,313 to $2,999. Four Bedroom Single-Family rentals are also available starting from $2,400 and Four Bedroom Apartments start at $3,800.
Expert Rental Resources
The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.
Articles, How-To's, and Tips
A Local Experts Guide To 10 Budget-Friendly Neighborhoods to Rent in Colorado Springs, CO
Written by: Darla Ferrara
Just the name Colorado Springs makes me think of home. I’m Darla, your ApartmentHomeLiving.com Local Expert for Colorado Springs, CO.
How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Written by: Robin Stewart
Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.
Pet-Friendly Renting: Everything You Need to Know Before You Move
Written by: Christine Leonard, Esq.
For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.
Creative Ways Developers Reimagine Retail Spaces as Residential Units
Written by: Robin Stewart
Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.